Stress and its effects are everywhere in today’s society. Busy schedules, evolving technologies, and constant turmoil have people on edge and overwhelmed.
But prolonged times of stress or brief periods of high stress can impact health, work productivity, and work safety.
Stress can also impact work and performance through2:
These health and work-related struggles associated with stress can affect both your members and a company's productivity.
Identity theft is an issue that affects more households each year and can cause significant stress and anxiety for its victims.
The theft of personal information can lead to fraudulent charges, damage to credit scores, and even legal issues. Victims without help spend countless hours trying to resolve the situation – dealing with credit bureaus, banks, and other institutions to clear their names and regain control of their finances.
Identity theft can also have a significant impact on one's mental health. Individuals often feel violated, vulnerable, and powerless. An Identity Theft Resource Center survey3 reported the following statistics from identity theft victims:
Legal troubles and the need for legal assistance can hit any household. Stress often follows due to unknown costs, uncertainty, and potential consequences.
In today’s economy, high prices and interest rates have made eviction and bankruptcy a reality more households face.
Eviction can stress people who may be forced to find new housing and disrupt their daily routines. Feelings of instability and uncertainty are common in evictees. Bankruptcy can also be a significant stressor as individuals face potential financial ruin and loss of assets.
Attempting to handle these issues personally only increases the stress your members will face.
You can read more about bankruptcy and some of its intricacies in this previous article.
Similar to healthcare benefits, legal and identity theft protection benefits are there for your members. They provide assistance in times of need and constant protection.
Identity theft protection benefits monitor important personal information of your members. Alerts help them to take action before information is stolen or used by criminals. If fraud is committed the benefits are there to correct the situation and work with the appropriate institutions. This saves your members stress and time.
Legal and financial benefits work in much the same way. Help is there if a member:
These benefits are growing in popularity due to their need, the immediate value they provide, and the increasing difficulties faced by households like your members.
Learn more about what we offer for unions to protect and provide for their members on our website or book a meeting to see how our services can help your members.
1 What is stress? from the Cleveland Clinic
2 Stress and Productivity: What the Numbers Say by Sean Peek
3 Publications from the Identity Theft Resource Center
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